Business » Asia
Monday, 6 May 2013
CHINA has reached its Lewis Turning PointThis is a critical milestone for a developing economy, when urban factories, restaurants and other businesses have to start raising wages faster than the inflation rate to attract rural workers.Until that...
Monday, 18 March 2013
GOOGLE Inc Executive Chairman Eric Schmidt, who visited North Korea in January, will become the first high-profile tech company executive to visit Myanmar in the wake of reforms that prompted Western nations to ease sanctions following decades of...
Monday, 11 March 2013
CHINA'S commerce minister called for clearer guidelines from the United States on its security review procedures for foreign investment, while saying that China does not target specific countries for overseas investment.China is studying the...
Monday, 25 February 2013
WHILE other countries may be more reliable and better equipped, Myanmar has emerged as the new promised land for global oil and gas giants unperturbed by a lack of data on its proven energy reserves.Since political reforms helped Myanmar shed its...
IT WAS billed as China's Dubai: a cluster of sail-shaped skyscrapers on a man made island surrounded by tropical sea, the epitome of an unprecedented property boom that transformed skylines across the country.But prices on Phoenix Island, off the...
Tuesday, 5 February 2013
COMPETITION in the private-banking sector is likely to heat up as banks launch strategies to retain wealthy customers and attract the newly rich.As global growth has been shifting from Europe and North America to Asia, the number of wealthy Asians...
Thursday, 3 January 2013
SINGAPORE escaped a technical recession after the economy grew in the fourth quarter thanks to a boost from services, government data showed yesterday, but prospects for 2013 remain gloomy.Gross domestic product (GDP) rose by an estimated 1.1 per...
SOUTH Korea's parliament on Tuesday approved a revised government budget for 2013 that focuses more on welfare in response to the next president's pledge to increase social spending.The legislature ratified total spending of 342 trillion won (US$319...
THE deadline for a Thai billionaire to make an improved bid for Singapore conglomerate Fraser and Neave (F&N) was due to expire Wednesday, with an Indonesian rival waiting in the wings.TCC Assets, controlled by Thai drinks tycoon Charoen...
EMBATTLED Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen (US$1.15 billion) early this year, a report said Tuesday.The public offering could take place in the spring with the firm hoping...
Monday, 31 December 2012
PRIVATE equity funds quadrupled their investment in India's primary healthcare, betting the sick and ailing will stop seeing family doctors in often cramped and dingy quarters and check into modern chains sprouting up across Asia's No 3 economy....
Wednesday, 26 December 2012
JAGUAR Land Rover's Chinese subsidiary will recall 337 cars because of substandard fixings in their brakes and steering boxes, a watchdog said on Tuesday.The General Administration of Quality Supervision, Inspection and Quarantine said in a...
SOUTH Korea's Daewoo Shipbuilding and Marine Engineering said yesterday it had secured a 1.9 trillion won or US$1.8 billion order to build a fixed platform for Norway's Statoil ASA.Daewoo said it would complete the 31,000-tonne offshore platform for...
ECONOMISTS here foresee further capital formation investments flourishing in the Malaysian economy next year, given the ongoing projects to be implemented over the next two years.World Bank Senior Economist for Malaysia, Dr Frederico Gil Sander,...
INCOMING Japanese Prime Minister Shinzo Abe kept up his calls yesterday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of two per cent, and repeated that he wants to tame the strong yen to help revive the...
Monday, 24 December 2012
THE patent litigation still looks to be far from reaching a settlement as Apple Inc appealed a previous ruling by a US federal judge to call off a sales ban on 26 Samsung Electronics products.Apple on Thursday decided to appeal a US judge's December...
ON A Saturday afternoon in a conference room in a south Delhi suburb, Anurag Aggarwal is talking fluently and forcefully. In a three-piece suit with his iPad and a wireless microphone clipped to an ear, he is advising on body language, voice...
WHEN Barack Obama visited Indonesia in 2010, he tucked in to a steaming bowl of meatball broth, known as bakso, served to remind him of his childhood in Jakarta. But the US president may be out of luck if he wants another helping on a visit next...
CHINESE investors have complained that Australia's foreign investment rules affect their confidence and enthusiasm to invest in Australian farmlands as Australia tries to lure more Chinese companies to open its northern outback to agriculture....
CHINA on Saturday showed off the final link of the world's longest high-speed rail route set to begin whisking passengers from Beijing to Guangzhou next week in a third of the time currently required.The much anticipated opening of high-speed...
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